GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Vapor Group Inc (OTCPK:VPOR) » Definitions » Long-Term Capital Lease Obligation

Vapor Group (Vapor Group) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2017)


View and export this data going back to 2006. Start your Free Trial

What is Vapor Group Long-Term Capital Lease Obligation?

Vapor Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2017 was $0.00 Mil.


Vapor Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Vapor Group's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vapor Group Long-Term Capital Lease Obligation Chart

Vapor Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Vapor Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Vapor Group  (OTCPK:VPOR) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Vapor Group Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Vapor Group's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Vapor Group (Vapor Group) Business Description

Traded in Other Exchanges
N/A
Address
2260 West 80th Street, Suite 6, Hialeah, FL, USA, 33016
Vapor Group Inc is engaged in designing, manufacturing, and marketing of vaporizers and electronic cigarettes and e-liquids. The company also markets consumer products including the Whizboard brand of scooters and Hoverkart accessories sold by Smart Wheels. Its products are marketed under the Vapor Group, Total Vapor, Vapor 123, and The Vapor Products brands. All products are sold nationwide through distributors and directly to consumers through company-owned websites.